Pakistan, April 29 -- Although going down on trajectory during past couple of months, inflation continues to be a major challenge for Pakistan's economy, affecting the market dynamics, lives of citizens and stirring a significant concern among policymakers, businesses and general populace.

No doubt that the government, soon after assuming power had embarked on an ambitious plan of bringing about structural reforms to boost revenues and put economy on growth path, the challenge still persist necessitating continuity of policies and political stability.

As the situation started improving gradually as revealed in the Pakistan Bureau of Statistics (PBS), figures for March 2023, showing headline Consumer Price Index (CPI)-based inflation rate ...